Sound's IRAs reduce your taxable income in most cases, defer taxes and build interest without paying any fees. IRA contributions benefit you now and in the future, whether you're 17 or 70.
Sound IRAs earn money more quickly and securely than other investment vehicles. The funds are government-backed and insured separately up to $250,000 by the NCUA.
We have three ways for you to invest in IRAs: IRA Share Accounts, IRA Certificate Accounts, and IRA transfers or rollovers.
Just open your account with $25, make deposits as you're able to or sign up for automatic payroll deduction. You'll pay no annual maintenance or set-up fees and dividends on your account are compounded monthly.
With an IRA Certificate Account, you combine the flexibility of a certificate account with the earning advantage of an IRA to save even more.
Once you've established your Sound IRA account, transferring money from other institutions or rolling over funds from a different retirement plan is as easy as asking.
Ready to start saving for the future? Talk with a Contact Center Representative or visit your local branch. We will do all the work for you while you sit back and watch your money grow!
Regulation D
Regulation D (Reg D) is a federal regulation that limits individuals to six transfers from deposit accounts without their physical presence being required. Transaction limitations apply to all Sound Savings Accounts, Money Market Accounts, Certificates, and IRAs. Find out more.
| Todays Rates | Dividend Rate | APY♦ |
Minimum Balance or Denomination |
| IRA Certificates | |||
| 12 months | 0.747 | 0.75 | $1,000 |
| 18 months | 0.797 | 0.80 | $1,000 |
| 24 months | 0.946 | 0.95 | $1,000 |
| 36 months | 1.490 | 1.50 | $1,000 |
| 60 months | 2.031 | 2.05 | $1,000 |
♦APY= Annual percentage yield. Rates subject to change without notice.